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The Whitney 39-29 47th Ave 10 Unit Apartment Building $3,500,000 ($350,000/Unit) 7.80% Cap Rate Sunnyside, NY 11104
EXECUTIVE SUMMARY
The Whitney located at 39-29 47th Avenue is a fully remodeled boutique luxury loft building in the heart of Sunnyside and conveniently located a few blocks from the subway.
All apartments have been fully updated and the design modernized with the units now featuring elegant condo finishes and only the highest quality materials with Italian-made cabinetry, oak flooring, and Carrara marble-inspired bathrooms.
All apartments have been fully updated and the design modernized with the units now featuring elegant condo finishes and only the highest quality materials with Italian-made cabinetry, oak flooring, and Carrara marble-inspired bathrooms.
PROPERTY FACTS
| Price | $3,500,000 | Building Class | C |
| Price Per Unit | $350,000 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 6,600 SF |
| Cap Rate | 7.80% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R5D, C1-3 - R5D is a residential zoning district in NYC that allows for moderate-density, multi-family housing with specific bulk and parking requirements. | ||
| Price | $3,500,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,600 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R5D, C1-3 - R5D is a residential zoning district in NYC that allows for moderate-density, multi-family housing with specific bulk and parking requirements. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (84)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 00194-0006 | Improvements Assessment | $423,818 |
| Land Assessment | $19,591 | Total Assessment | $443,409 |
PROPERTY TAXES
Parcel Number
00194-0006
Land Assessment
$19,591
Improvements Assessment
$423,818
Total Assessment
$443,409
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The Whitney | 39-29 47th Ave
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